ActiveSingleFamilyResidence

329 Grass Valley Road

Lake Arrowhead, CA, 92352

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$510,000

MLS: RW24123172

Beds

3

Baths

2

Sq Ft

1,891

Lot

0.24 ac

Year Built

1978

MLS #

RW24123172

Days on Market

649

Listed

Jun 18, 2024

Description

Built in 1978 by the seller, this property hit the market for the first time. The home boasts a high ceiling in the living room, complete with a cozy fireplace that invites you to unwind. A large glass window in the living area provides a serene view of the surrounding trees, bringing nature into the living space. The main level features a well-appointed kitchen, a dining area perfect for family meals, and the master bedroom, ensuring convenience and comfort. Upstairs, the property includes two spacious bedrooms and a bath, offering plenty of space for family or guests. The lower level features a welcoming family room with a second fireplace, ideal for gatherings, game nights, or simply relaxing with loved ones. Outside, the property includes a dedicated parking space next to Grass Valley Road and a driveway leading to a 2-car garage, providing ample parking options. The spacious backyard is a haven for outdoor enthusiasts, featuring a patio and additional seating areas under the trees, perfect for barbecues, outdoor dining, or simply enjoying the fresh mountain air. With dual access, there is a private dirt driveway behind the property, offering extra parking for cars, RVs, or boats. Minutes from the Lake Arrowhead Country Club and Arrowhead Ridge, the home provides easy access to a range of recreational activities. It is also just a few minutes from the lake, where residents can enjoy the beautiful scenery, boating, fishing, or simply relax by the water. This property is a rare find, combining a prime location with lake rights, making it a highly desirable option for potential buyers seeking a tranquil mountain lifestyle.

Location

Lake Arrowhead, San Bernardino County, CA 92352

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Listed by: Angela Cheng Yap · RE/MAX LAKESIDE

Payment estimate

$3,843

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $51,000 · Loan: $459,000

%
Principal & Interest
$2,820
Property tax (1.25%)
$531
Homeowners insurance
$300
Mortgage insurance
$191
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Lake Arrowhead home with as little as 3.5% down using an FHA loan — roughly $17,850 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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